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Boy, Did Rupert Murdoch Take A Bath On The Wall Street Journal...
Way back in 2007,
Rupert Murdoch
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shocked the media world by making a hyper-aggressive play for the Wall Street Journal--and getting it.
At the time, the stock of Dow Jones, which owned the Journal, was trading in the $30s. Senior execs at the company had a goal of getting the stock to $45. Read more
Summary
Way back in 2007, Rupert Murdoch shocked the media world by making a hyper-aggressive play for the Wall Street Journal--and getting it.
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